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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: James Strauss who wrote (1869)	12/15/1998 11:21:00 AM
From: Stephen	Read Replies (4) of 99985

Jim .... the tick is virtually constantly negative ... and the DJIA has gone up as the negative tick gains pace ...... yet the advance/decline ratio is positive ...... duh ??? I'm missing something here ... shouldn't the adv/dec be more reflective of the tick ... than say the index (weighting) .... but I am finding the divergence confusing ....

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